Total turnover in March reached ISK 350 billion (bn) making the accumulated turnover during Q1 close to 1,329 bn which is a YoY increase of 3%. Equity market turnover during the year is 822 bn, an 18% increase compared with the same period last year. The turnover for fixed income securities decreased by 15% YoY, only reaching 495 bn.
The market value of equities at the end of Q1 was ISK 3,037 bn and of fixed income around 1,253 bn.
OMXI15 (formerly ICEX15) has risen by 16.9% during the year while the Financial index increased by 19.2%. On the fixed income side, the OMXI3MNI (formerly ICEX-3M-NI) rose the most or by 3.3% while the increase in OMXI1YNI’s yield topped other yields with a 200 bp increase.
